South Korea Temperature Modulation Devices Market Size & Outlook
South Korea temperature modulation devices, 2018-2030 (US$M)
Related Markets
South Korea temperature modulation devices highlights
- The South Korea temperature modulation devices generated a revenue of USD 58.2 million in 2023 and is expected to reach USD 100.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, convective patient warming systems was the largest revenue generating product in 2023.
- Convective patient warming systems is the most lucrative product segment registering the fastest growth during the forecast period.
Temperature modulation devices data book summary
| Market revenue in 2023 | USD 58.2 million |
| Market revenue in 2030 | USD 100.5 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Convective patient warming systems |
| Fastest growing segment | Convective patient warming systems |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable Blood/IV fluid warmers, Conductive patient warming systems, Convective patient warming systems, Conductive patient cooling systems, Other Products & Accessories |
| Key market players worldwide | Stryker Corp, Becton Dickinson & Co, 3M Co, SAS AB, ICU Medical Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.0% of the global temperature modulation devices in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan temperature modulation devices is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 210.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Temperature Modulation Devices Scope
Temperature Modulation Devices Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea temperature modulation devices outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to temperature modulation devices will help companies and investors design strategic landscapes.
Convective patient warming systems was the largest segment with a revenue share of 27.15% in 2023. Horizon Databook has segmented the South Korea temperature modulation devices based on portable blood/iv fluid warmers, conductive patient warming systems, convective patient warming systems, conductive patient cooling systems, other products & accessories covering the revenue growth of each sub-segment from 2018 to 2030.
South Korea is currently grappling with a rapidly aging population, with the United Nations data from 2021 indicating that people aged 65 years and above makeup 17% of the total population.
Moreover, the Korea Heart Disease Fact Sheet 2020 underscores that many adults in Korea are affected by hypertension, hypercholesterolemia, and obesity. CVD risk factors tend to increase with age, with more than 58% of adults aged 70 years or older having two or more risk factors.
Reasons to subscribe to South Korea temperature modulation devices databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea temperature modulation devices databook
-
Our clientele includes a mix of temperature modulation devices companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea temperature modulation devices, including forecasts for subscribers. This country databook contains high-level insights into South Korea temperature modulation devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea temperature modulation devices market size, by product, 2018-2030 (US$M)
South Korea Temperature Modulation Devices Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
